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    Ecosystem News

    South African Banks Are Massively Backing Local Startups, But There’s More to It

    South African banks are significantly backing local startups, marking a trend unparalleled elsewhere in...

    Catalyst Fund Invests in Earthbond to Empower Nigerian Small Businesses with Clean Energy

    Small and medium businesses (SMBs) in Nigeria, already grappling with unreliable electricity infrastructure, are...

    Tunisia-born AI Startup ClusterLab Raises $600,000 in Pre-Seed Funding

    Tunisia-born artificial intelligence (AI) startup ClusterLab, headquartered in the UAE, has announced a significant...

    Egypt’s Pharmacy Marts Secures Bridge Round Funding from Acasia Ventures

    Egyptian healthtech startup Pharmacy Marts has recently announced securing a significant bridge round of...
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.